1. The Edge Financial Weekly reported on Hengyuan. As many fund managers read this, it will create demand for Hengyuan shares.
2. I can't find a better stock to buy after I sell Hengyuan. I try to find stocks with lower PE than Hengyuan 4x PE and I failed. I try to find stock with earnings growth more than 300% like Hengyuan and I failed.
3. Sometimes admitting mistake and reinvest is good. I was too eager to take profit previously at RM11 + even though I still believe the Target Price is RM15
4. Conclusion : short term target of RM15 now. and I reinvest my money back in HENGYUAN.
5. Vision 2020 for Hengyuan? This means RM20 target price by year 2020. PE 7x on RM2.85 in FY2020 for long term.
http://klse.i3investor.com/blogs/richDad/141105.jsp
